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Union Pacific Considering a Norfolk Southern Buyout

Union Pacific Considering a Norfolk Southern Buyout, Report Says. Here’s What Will Matter.

Union Pacific is in talks to merge with Norfolk Southern, The Wall Street Journal reported Thursday, in a deal that would shake up the railroad business in America.The Journal cited people familiar with the matter.

· 14h · on MSN

Union Pacific, Norfolk Southern explore cross-continental railroad merger, source says

· 1d · on MSN

Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source says

· 1d

Union Pacific, Norfolk Southern Discuss Merger to Create Transcontinental Railroad, AP Source Says

Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.

· 19h

Railway mega-deal would require heavy engineering

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Union Pacific Considering a Norfolk Southern Buyout: Report

Union Pacific Eyes $60 Billion Norfolk Southern In Railroad Mega-Merger

Union Pacific currently has a market value of about $140 billion, while Norfolk Southern is valued at around $60 billion. Following news of the negotiations, shares of Norfolk Southern rose by 4% in after-hours trading, while Union Pacific’s stock fell roughly 2% before reversing to a slight gain.

Stocktwits on MSN1d

Norfolk Southern Stock Rises In Extended Trading After Report Flags Railroad Operator As Bigger Rival Union Pacific’s Buyout Target

Norfolk Southern (NSC) stock gained 4.7% in extended trading on Thursday after a report said that Union Pacific is holding talks with the company over a possible buyout. The after-hours surge came after the 3.

1don MSN

A coast-to-coast railroad in the U.S. could have implications for the trucking sector

Following the development, Bank of America upgraded CSX Corporation ( CSX) to a Buy rating from Neutral, and boosted its price objective on Norfolk Southern ( NSC) to $350 from $290 due to the increased potential for M&A discussions.